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20110701
20110731
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. the indication that we're getting now is that this is a big deal, that this is going to be very large, and that everything is going to be on the table as far as bringing the corporate tax rates down, closing tax loopholes, but also cuts in entitlement programs, medicare, medicaid, possibly talking about social security and changing the way it works in the long term. these are big items that obviously could not get done legislatively before the august 2nd deadline. if there was some agreement reached between the leaders to raise the debt ceiling and agree to the framework by which they are going to tackle these big ticket items, that would be a significant thing. and it seemed like both parties were so far apart it will be interesting to see through the weekend if there can be some negotiated deal on a big framework. martha: it's interesting, bret because we've heard a little bit of what has come out of the preliminary discussions that vice president biden was part of. it seemed as though in those discussions they would talk big dollar figures although they wouldn't talk about specific
: the last 48 hours this investigation has gone from about this big to this big. some officials may have already been caught lying. not only that, now we're told u.s. wasn't just helping send guns to mexico, taxpayers paid for some of those guns. and more than one federal agency knew about it. that's the latest in the scandal we know as fast and furious. according to sources an f.b.i. informant allegedly used taxpayer money to buy guns on behalf of the cartels, the f.b.i. knew it, they allowed it to happen and they failed to tell congress or the agency that was investigating him, causing that agency, the atf to spend two years, thousands of man-hours and millions of dollars pursuing information the f.b.i. already had about a man, the atf would never be allowed to arrest because he worked for the f.b.i. this information was confirmed this week sources say by the acting atf director ken nelson who met secretly on july 4th with congressman darrell issa and senator charles grassley. nelson who is going to be the fall guy in this scandal dropped a few bombs in his deposition indicating others
the economy still in big trouble. look at this. a slowdown in hire anything june pushing the unemployment rate now to 9.2%. only 18,000 net new jobs were added to the work force last month. at least 250,000 jobs are needed per month to drive the unemployment rate down significantly. and get this, since president obama took office we've seen the economy lose two and a half million jobs. president obama assuring americans there is a reason the numbers are so disappointing. listen to this. >> the sooner that the markets know that the debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need in order to make additional investments to grow and hire, and we'll provide more confidence to the rest of the world as well so that they are committed to investing in america. >> molly henneberg live for us at the white house with more on the president's reaction. molly? >> hi, gretchen. clearly not the type of monthly jobs report any president wants to see. unemployment up for the third
,000 in a nice check, here you go. >> look, whenever you've got a big government give away of real money, a billion dollars you'll have economic questions and some moral problems as well. for example, who gets the money and who decides who gets the money? the criticism would be that maybe those people, they've been mow lit tpoliticized, and the pt is buying folks with money. two people, equal, both in trouble on the mortgage, one gets help, another doesn't get help, that is moral hazard, you have to ask that question as well. where does the money come from? every dollar that our government shells out, 40-cents of it has to be borrowed from somebody else because we don't have all that money, we are borrowing 40-cents on the dollar. is that moral to be shelling out a billion, and borrowing 400 million to do it? martha: the calculation there has to be on the part of the administration that it's even worth it for us to go deeper into debt for that 40-cents per dollar, because bailing out these individuals who can't stay in their home is going to ultimately help, you know, sort of prop up the
-- gretchen: you're saying it was good news that eric holder decided to drop the other charges. the big argument from the right was when you decide to criminal until lee prosecute your agents that work for the cia it pretty much handcuffs their ability to do their job. >> if they acted within the advice of the office of legal counsel they've got a great defense there and i think that the pragmatic concerns won out as i said. moving forward with the two cases that we have, we have clear evidence of detainee abuse where the detainee in afghanistan was khaeupbdz to a a concrete die and basically died from exposure. we have one detainee who died in prison in iraq who may have been beaten to death. it's unclear. the folks that were involved in the inch tier tkpwaeugs and the treatment, they'll have a fair trial, a presumption of innocence, so, you know, the system is going to work, i think. gretchen: it's interesting because some of those enhanced terror tactics they haven't been in practice since 2007 is my understanding when president bush took those particular controversial techniques, i
. >> the problem with a mini deal is we have a maxi problem. and the big problems aren't going to go away if you cut a mini deal. it just delays the moment of truth. i would say better noun then, but if we can't we'll take the savings we can get now and relitigate this as we get closer to the election. >> reporter: he also talked about concerns that people have that the president will bypass congress all together and just raise the debt level on his own. we'll have a fair & balanced debate on why some democrats say that may be their best option. that is coming up. also republicans who are running for president being asked to sign a strict commitment to reducing our debt. this is called the cut, cap and balance pledge, and those who don't sign their names are feeling the heat. doug mcelway is live in washington with 0 more on that. >> reporter: you're going to be hearing a lot about this plan to cut, cap and balance as the senate resumes its work tomorrow after the july 4th holiday. you'll probably hear a lot about it as the republican primary season heats up as well. some pundits say it may prov
Search Results 0 to 5 of about 6